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Gasoline

Most Russian fuel exports now pricing above G7-imposed price cap

Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.

Indonesia's Pertamina to build new fuel terminal following deadly fire

Indonesia's state energy company PT Pertamina said it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area.

India's fuel demand slips to 10-month low in July

India’s fuel consumption slipped to a 10-month low in July, government data showed, as monsoon rains restricted mobility in the world's third-biggest oil importer and consumer.

Exxon Baytown, Texas, refinery resumes normal operations

ExxonMobil's 564,440 bpd Baytown, Texas, refinery resumed normal operations, company spokesperson Lauren Kight said, following a malfunction on a unit that triggered the plant's safety flare.

ART launches catalyst system to produce renewable diesel, SAF from 100% renewable sources

Advanced Refining Technologies LLC, a joint venture of Chevron and specialty chemicals leader W. R. Grace & Co., launched ENDEAVORTM, a hydroprocessing catalyst solution to produce renewable diesel and sustainable aviation fuel from 100% renewable sources, such as vegetable oils, refined oils, animal fats, and greases.

U.S. proposes raising vehicle fuel economy standards to 58 miles per gallon by 2032

The Biden administration proposed to hike fuel economy standards by 2032 to a fleet-wide average of 58 miles per gallon as it seeks to cut greenhouse gas emissions and reduce fuel use.

AFPM statement and letter in support of House bills to stop government vehicle bans, attempts to electrify the RFS

American Fuel & Petrochemical Manufacturers President & CEO Chet Thompson this morning issued a statement along with a letter urging support for three bills being marked up today by the House Energy & Commerce Committee.

End of Nigerian fuel subsidy set to squeeze Europe's refiners

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel.

China's gasoline demand peak nears as EV boom hastens transition

China's demand for petrol is likely to peak as early as next year as electric vehicle sales soar, several analysts say, bringing forward an energy transition milestone for the world's biggest polluter and a headache for global refiners.

Nigeria unions to strike unless fuel price hike is reversed

Nigerian labor unions plan to strike to demand a reversal in petrol price hikes and lower public school fees, the Nigerian Labour Congress said.